Trianglepattren
Seyaind - Bullish viewSeya industries look bullish from here. Triangle price compression happening on this script.
Expecting short term target up to 110 and long term 250.
Its for Long term investment
Seya Industries is engaged in manufacturing of Speciality Chemicals intermediates.
Book Value = ₹ 345
Big Potential Move In Berger Paints. The silent stock from paint industry i.e. Berger paints is almost ready to boost like a rocket. It has formed an triangle chart on daily time frame and just check the volume on 14-05-2021. A potential big move can be seen and target is clearly marked on the chart with purple rectangle for further reference.
IBULHSNGFIN looks bearish ,it can correct 20-25%This wonderful triangle pattern has been BreakDown, we just have to wait for the weekly candle close
which will help us to take a position in this script.
It is always recommended that you should wait for 2-3 confirmation before entering a trade.
I've been waiting for a month, I will only enter when I am pretty sure about my entry.
If it gives confirmation then you can get at least 15-20%.
>Greed is the route of all evils, remember that.
Best of luck to all of you.
Nifty more likely to face selling at our resistance> Monday Morning SGX Nifty was showing some positive start.
> Our market gapped up because of this reason.
> We have seen that FII's where net buyers on Friday. Using todays gap they must have booked their profits.
> FII EOD data is negative today.
> Also nifty has strong OI support @ 14900. breaking 14900 can make a lot of put option sellers to unwind their positions.
> European and the US are down, Asia has only few index in green.
> Critical price area above, Watch support and resistance on the chart.
➼Larsen and Toubro | 3% Risk with 13% Reward | Earnings special Enter now as a power candle has entered the game, lower triangle breakout = done on supports with volume and biggest candle since budget day.... risk is of 3% on capital.... earnings are near .... anticipatory red dots trendline breakout means will retest the ATH lvls, intraday basis seems good for 3% more till the bigger trend line that is 1:1 rr,,, if broken in a day or two = good earnings might be displayed + ATH test can take place.
Grindwell Norton - Strong Breakout with Triangle pattern- Huge Breakout from a consolidated range and above high
- Formation of a symmetric Triangle pattern breakout
- Supported by Huge Volume expansion
- 1020 can be a good entry level as we may get a pullback
- Can be trailed as the company is financially stable
Triangle formation in INDUSINDBANKthere is a triangle formation in IndusInd Bank on a Monthly time Frame if give breakout the may show a huge up-move but need to wait for few months or even a year as it's gonna be a monthly time frame breakout wait for best levels as it is in continuous downfall since 2017 on monthly time frame
Jublfood @ the verge of breakout!!!JUBILANT FOODWORKS is forming an ascending triangle pattern & trading at the verge of it can go up or down according to its breakout.
If it breaks upside - can easily touch 3170-3200 levels.
If it breaks downside - can go to 2560-2570, 2420 levels.
Trade according to its breakout.
RSI is currently around 40 levels.
Strong Bearish pattern in M&M Finance Very stong bearish triangle pattern for intraday trading tomorrow...Targets are given, the pink rectangle is no trading zone - if it opens gap down (about 0.5-0.8%) below the rectangle, or opens flat n breaks the rectangle, take short entry for given targets - Make the first candle's high ur stop loss or keep it about 1.5-2Rs, for a target of 2.5-6.2 Rs...Ignore if it opens huge gap down or gap up.
NTPC TRIANGLE PATTERNNTPC is forming a triangle pattern on hourly timeframe. If it gives a breakout it can be a good positional trade. Sl will be the nearest swing low. Enter the trade when price crosses the high of the breakout candle. For best results and to avoid false signals get into the trade using 1H timeframe.